Mark Moseley, COO of the Global Infrastructure Hub told P3 Bulletin that long-term institutional investors have an important role to play in closing the infrastructure investment gap in the coming decades.
“Governments and multilaterals cannot close the gap by themselves and commercial lenders are unable to as well,” he added. He said globally the power sector requires most investment, alongside the need in emerging markets for water and sanitation facilities.
He also said that transportation will always remain a big concern due to the sheer need for it globally.
On challenges that Canada faces regarding infrastructure, he said the relationship between federal and provincial governments is a concern. “Provincial governments are responsible for building infrastructure but federal government is responsible for raising funds. The hope is that the Canada Infrastructure Bank would help address that issue.”
Read the full interview with Mark Moseley in the next issue of P3 Bulletin